Or manage and your bookkeeping on the cloud for you.
Making Tax Digital (MTD) is here, and the first VAT returns under this new system have been filed.
To comply you need to file your VAT returns using software which is MTD compliant or use bridging software to transfer your VAT figures from a spreadsheet to HMRC directly.
MTD is a requirement from 1 April 2019 for businesses with turnover over £85,000. If your turnover is below this you may continue using the old VAT return filing system at the current time.
This has had a big impact on clients who were still preparing handwritten accounting records.
Mouat Accountancy are on hand to help and advise on the use of software including training of you or your staff. We work with a number of the software companies, in particular Sage, Xero and Quickbooks. Our skills are also transferable to any of the other accountancy packages.
With the advent of Making Tax Digital (MTD), cloud accounting has come to prominence in recent years.
Cloud based accounting has many advantages for people running businesses and there are numerous packages available.
Mouat Accountancy can assist in helping you choose and switch from your current bookkeeping system to a cloud based solution.
We also offer comprehensive training to clients or their staff and ongoing support.
Cloud accounting makes the collaboration between client and accountant easier as we can also log onto your system from our office, whenever you ask us, and help you immediately with any queries you may have.
Further benefits of cloud based accounting are:
We also are more than happy to run the whole package for you, with you delivering your paperwork or emailing it to us, and we will input the data and run reports as and when you require. We do this for a number of our clients who present us monthly, quarterly or annually with a bag of invoices, receipts and bank statements.
Desktop Accounting Packages
While cloud based solutions have grabbed the headlines lately, some people still prefer a desktop system.
Similarly to the cloud based programs we can also advise on the choice of desktop program for your accounting needs, and offer implementation and training on these programs too.